FG sues JP Morgan for $875m over Malabu oilfield deal

FG sues JP Morgan for $875m over Malabu oilfield deal

Oyetunji Abioye with agency report The Federal Government has filed a claim against a United States lender, JP Morgan Chase, for more than $875m, accusing the bank of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by a former Nigerian minister of petroleum resources. According to a Reuters’ report, […]
Source: FG sues JP Morgan for $875m over Malabu oilfield deal

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